3 Stocks Pushing The Retail Industry Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 30 points (-0.2%) at 14,005 as of Wednesday, Feb. 20, 2013, 12:04 PM ET. The NYSE advances/declines ratio sits at 991 issues advancing vs. 1,875 declining with 138 unchanged.

The Retail industry currently sits down 0.4% versus the S&P 500, which is down 0.5%. A company within the industry that fell today was Michael Kors Holdings ( KORS), up 3.1%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Macy's ( M) is one of the companies pushing the Retail industry lower today. As of noon trading, Macy's is down $0.62 (-1.5%) to $39.81 on light volume Thus far, 1.6 million shares of Macy's exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $39.71-$40.41 after having opened the day at $40.41 as compared to the previous trading day's close of $40.43.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Its retail stores and Internet Web sites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. Macy's has a market cap of $15.5 billion and is part of the services sector. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 0.3% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Macy's a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Macy's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Macy's Ratings Report now.